The wave had a rather poor month in January. While we did get a see saw type of market, the pattern didn’t match the projected wave very well. No perfection in this world ;-)
Here is the LT wave for February:
There is projected strength in the first half of the month, with the possible exception of a few weaker days on or around the 8th. After the 15th there is significant weakening with some really low values on the 19th and 20th. The final week looks stronger, so if there is some kind of bottom around the 20th then a rebound is in the cards there.